Namibian Dollar
(NAD) Insights
Currency of Southern African nation with vast mineral wealth and tiny population (2.6 million); diamonds (De Beers), uranium, zinc, gold exporter; unique desert tourism (Namib, Damaraland); CMA (Common Monetary Area) member with ZAR; green hydrogen future potential
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Namibian Dollar.
NAD
Standardized ISO 4217 Currency Code
N$
Unicode Glyphs & Display Symbol
1/100 = Cent Decimals
Subdivision unit definition
Namibia
Bank of Namibia (BoN)
Bank of Namibia (BoN)
South African Rand (ZAR)
Market-determined exchange rate mechanism
Currency Standard: Fiat (ZAR-pegged at 1:1)
Classified as Fiat (ZAR-pegged at 1:1) in global trade networks
Banknotes
N$ 10
Coins
5c
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Namibian Dollar, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bank of Namibia (BoN).
NAD Market Insights
Deep-dive analysis of the Namibian Dollar's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (ZAR-pegged); cheaper imports; lower diamond/uranium revenues
Weak Currency Impact
N/A (ZAR-pegged); higher diamond and uranium revenues; mining investment; higher import costs
Remittance Role
Namibia receives modest remittances from diaspora in South Africa, UK; significant internal migration from rural areas
Central Bank Tools
Peg mechanism (automatic), Reserve Requirements, Banking supervision
Common Questions About Namibian Dollar
Everything you need to know about NAD exchange rates, banknotes, and historical significance.